1048 ROOSEVELT Road, Mississauga

Price: $1,800,000

5 bedrooms, 6 bathrooms

2,500 - 2,999 sqft

Property Type: Semi-Detached

MLS#: W13001760

Nestled in prestigious Lakeview, this stunning 4+1 BdRm, 6 bath home offers luxury, space & modern living. The open-concept main floor features a chef-inspired kitchen with S/S appliances, quartz counters, pendant lighting & hardwood floors throughout. The spacious living area is perfect for entertaining, with large windows & walkout to a deck overlooking a beautifully landscaped deep lot. Upstairs, the primary BdRm offers a luxurious ensuite, while 3 additional BdRms provide ample space for family. Skylights fill the hallway with natural light, enhancing the home's bright, airy feel. The legally finished basement apartment adds incredible value, ideal for in-laws, nanny suite, or rental income, with its own BdRm, kitchen, living area & separate laundry. A perfect blend of style, function & income potential in a prime location.

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$1,800,000 - 1048 ROOSEVELT Road, Mississauga

Semi-Detached for Sale in Mississauga

83 days on market

Neighbourhood: Lakeview

5Beds
6Baths
2,500 - 2,999Sq Ft
Semi-Detached
Property Details
MLS Number
W13001760
Property Type
Semi-Detached
Status
active
Days on Site
83
Bedrooms
5
Bathrooms
6
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Nestled in prestigious Lakeview, this stunning 4+1 BdRm, 6 bath home offers luxury, space & modern living. The open-concept main floor features a chef-inspired kitchen with S/S appliances, quartz counters, pendant lighting & hardwood floors throughout. The spacious living area is perfect for entertaining, with large windows & walkout to a deck overlooking a beautifully landscaped deep lot. Upstairs, the primary BdRm offers a luxurious ensuite, while 3 additional BdRms provide ample space for family. Skylights fill the hallway with natural light, enhancing the home's bright, airy feel. The legally finished basement apartment adds incredible value, ideal for in-laws, nanny suite, or rental income, with its own BdRm, kitchen, living area & separate laundry. A perfect blend of style, function & income potential in a prime location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,962.01/mo

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5-yr fixed avg.

Principal: $1,440,000Interest: $948,602
Mortgage Amount$1,440,000
Total Interest$948,602
Est. Property Tax$1,275/mo
Total Cost$2,388,602

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Lakeview

Waterfront Transformation in Progress

Lakeview is an exciting neighbourhood undergoing a major transformation from its industrial roots to a vibrant waterfront community. The Lakeview Village development is creating thousands of new homes, parks, and amenities along the Lake Ontario shoreline. Early buyers are positioning themselves in what will become one of the GTA's most sought-after waterfront communities.

Why Live in Lakeview

  • Major waterfront redevelopment underway
  • New parks, trails, and community amenities planned
  • Strong investment potential
  • Lake Ontario waterfront access
  • Mix of new condos and established homes

Nearby Schools

Lakeview Junior Public SchoolPublic Elementary
Allan A. Martin Senior Public SchoolPublic Middle School
Cawthra Park Secondary SchoolPublic High School
Father John Redmond CSSCatholic High School

Transit & Commuting

  • Long Branch GO Station nearby
  • Future Hurontario LRT connection
  • MiWay bus routes
  • Easy access to QEW and Gardiner Expressway

Parks & Amenities

  • Jim Tovey Lakeview Conservation Area (opening soon)
  • Lakefront Promenade Park
  • Marie Curtis Park (nearby)
  • Planned retail and restaurant district
  • Future community centre

Lifestyle & Community

Lakeview is perfect for those who want to get in on the ground floor of a major urban transformation. The area offers excellent value with the promise of significant appreciation as the Lakeview Village development completes.

62
Walk Score
$500K - $1.5M
Price Range

1048 ROOSEVELT Road, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$1,275
Insurance (est.)-$375
Net Cash Flow+$2,300

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $720/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 83 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.

Bathroom Count Matters

With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

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    MLS# W13001760 — 1048 ROOSEVELT Road | Battaglia Team